'Small car will compete with motorbikes'Maruti Suzuki MD, Jagdish Khattar said, Rs 1-lakh car planned by Tata Motors is more a threat to two-wheeler makers than carmakers
Apnaloan.com Research Bureau
07 Sep 2007
Maruti believes that the Rs 1 lakh car small car
will be a competition for motorbikes. Jagadish Khattar, MD, Maruti Suzuki said
that the small car will be more a threat to two-wheeler makers than car makers.
He was addressing the shareholders of his company at its annual general
Media reports quoted him saying, "Every company has its own strategy and if we keep on reacting to them, our own strategy would fail. We kept on saying in the past, and even now foreign experts and analysts are saying the same thing."